§ 5–618
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 5-618 (2026)
Title 5. Special Types of Corporations
Subtitle 6. Electric Cooperatives
§ 5–618LinkCopy Citation
(a)
Unless the bylaws require the presence of a greater percentage or number of the members for a quorum, a quorum for the transaction of business at all meetings of the members of a cooperative shall be:
(1)
For a cooperative that has not more than 1,000 members, 5% of all members attending the meeting; and
(2)
For a cooperative that has more than 1,000 members, 50 members attending the meeting.
(b)
If less than a quorum is present at any meeting, a majority of those in attendance may adjourn the meeting from time to time without further notice.